Matt Hougan, Chief Investment Officer at Bitwise, highlights four potential factors that could significantly influence the cryptocurrency market by year’s end. With Bitcoin and Ethereum approaching record highs, Hougan emphasizes unexpected influences on asset prices beyond current expectations. He suggests government actions, including large-scale Bitcoin purchases, could play a major role in driving market growth. While corporate and ETF interest has been significant so far, government involvement remains limited. However, actions by governments like the Czech Republic could significantly impact market sentiment. Though currently largely limited to seizures and smaller investments in places like Pakistan and Abu Dhabi, such initiatives could have a substantial effect on market expectations.